BizNews

Breaking news for Greater Victoria businesses

Published weekly, BizNews offers information to help Greater Victoria’s business community make sense of our shifting economic and political landscape. The Chamber’s flagship newsletter is distributed to more than 5,000 subscribers who are highly engaged and active in our region’s business community. Scroll down to read the latest.

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Highway project will ease commute — eventually

Connecting communities is critical for helping business flow smoothly around the region. There are deliveries to make and appointments to keep, but good transportation is also vital to helping employers find and keep workers. This has been a consistent advocacy priority for Chamber members, who help us understand their biggest challenges by filling out our […]

Saanich seeks feedback on traffic calming measures

A survey that closes on Saturday will help the District of Saanich roll out its Traffic Calming Policy for municipal roadways. You can have your say on how Saanich addresses road dangers so drivers, pedestrians and cyclists feel safer travelling the district’s streets. Traffic calming can include speed bumps, bike ways, traffic circles and other […]

Chamber advocacy efforts underway with feds

Tuesday’s historic Speech from the Throne read by King Charles III included some promising policy shifts to address Canada’s housing supply. Acting as the current embodiment of Canada’s sovereignty, the King read a script prepared by the governing Liberal Party. The ritual was a not too subtle reminder to the US administration that Canadians are […]

Inflation down but concerns lurk below surface

Inflation watchers haven’t had much excitement over the past several months (thankfully), but the April numbers have created a bit of intrigue. Statistics Canada reports the Consumer Price Index rose by 1.7% year over year last month. That’s well within the Bank of Canada’s target rate for maintaining interest rates. However, without the 12.7% discount […]

Saanich opens approval process for operations centre

A major redevelopment project in the District of Saanich is using an Alternative Approval Process to receive authority for needed funding. “The Alternative Approval Process is a fiscally responsible and efficient tool that will help the District ensure that the community has a voice in the future of the Saanich Operations Centre,” Saanich Chief Administrative […]

New lien rules bring BC in line with other provinces

The new Commercial Liens Act comes into force on June 30, affecting how businesses collect debts for services they provide to repair, store or transport goods. The Act replaces a patchwork of outdated laws, which created different rules for different services. The Personal Property Registry, an online system that tracks legal claims on personal property, […]

Victoria hosts info session on business of childcare

Anyone thinking about starting a childcare business or interested in the sector can learn more about current rules at an info session on May 27, hosted by the City of Victoria’s Business Hub. The session is free and is focused on helping people start or grow a childcare program as a for-profit or non-profit venture. Topics […]

Saanich property taxes up by 8% to meet rising costs

The District of Saanich is raising residential property taxes by 8% this year as council works to maintain service levels and invest in infrastructure. The municipality said the statistically average home with a property assessment of $1.29 million will pay $5,594. The residential tax rate per $1,000 of taxable value is 3.12, while the rate […]

Chamber hears from Minister about BC’s economic plans

The Chamber hosted BC’s Minister of Jobs, Economic Development and Innovation, Diana Gibson, yesterday at the Union Club of BC. Minister Gibson spoke about the province’s efforts to build a resilient economy in the face of uncertain trade relations with the United States. “It was a valuable opportunity to speak with the Minister directly and […]

Saanich updates portals to speed up approval process

The District of Saanich has updated its residential building permit process with the launch of five digital submission portals: New Build Addition Renovation Demolition Other(Accessory Building, Swimming Pool/Fence, Retaining Wall) These online services will eliminate paper-based applications, making processes more convenient, reliable and efficient, the municipality stated, adding that it is striving to simplify the […]

Chamber CEO held meeting with new Prime Minister

Good business requires good relationships, and the same holds true for making sure your voice is heard by government. The Chamber has earned a seat at the table with decision-makers in all levels of government, including newly elected Prime Minister Mark Carney. Carney’s staff recently approached Chamber CEO Bruce Williams for a one-on-one conversation to […]

Real estate market stays steady through Spring start

The chaos created by threats of tariffs and a tradewar is the likely reason for a cooler start to the spring housing market. “Political uncertainty associated with the federal election, combined with broader economic concerns stemming from the United States tempered our brisk spring market growth,” Victoria Real Estate Board Chair Dirk VanderWal said in […]